Monika Schnitzer
Headlines and summaries are written by AI. How it works
- Sep 25
Germany approves 16.7-cent fuel tax cut for three months costing 2.5 billion euros
The Bundestag and Bundesrat passed legislation reducing energy taxes on petrol and diesel through December 2026, with the 2.5 billion euro cost shared equally by federal and state governments.
- Sep 6
German economic adviser Monika Schnitzer warns AfD government would deter skilled workers in Saxony-Anhalt
German Council of Economic Experts chair Monika Schnitzer and Halle Institute president Reint Gropp warned that an AfD victory in Saxony-Anhalt would worsen labor deficits as retirements rise.
- Jun 22
German pension commission proposes raising retirement age and ending 'Rente mit 63'
A government-appointed commission has recommended raising the retirement age in line with life expectancy and scrapping early retirement without deductions after 45 years of contributions, as part of a package of over 30 proposals to be handed to Chancellor Friedrich Merz on Tuesday.
- May 27
German Economic Advisers Slash 2026 Growth Outlook to 0.5%, Warn Social Charges Could Hit 50% of Wages
The Council of Economic Experts cut its GDP forecast to 0.5% for 2026, blaming the Iran War’s surge in energy prices, and warned that social security contributions could reach 50% of income by 2040 without deep reforms.
